Animal health insurance for pets: is it worth taking out?

Animal health insurance for pets: is it worth taking out?

Germans love their pets and often consider them family members. The costs of owning a pet can be significant, for example cat owners spend an average of 59 euros per month, while dog owners can expect to spend 75 euros per month. In the event of illness or injury, veterinary costs can quickly climb into the four-digit range. Given these expenses, many pet owners wonder whether health insurance for their pets is worth it.

Pet health insurance offers a variety of benefits depending on factors such as the animal's age, breed, location and health. The monthly premiums can vary depending on the tariff you choose and start at less than ten euros. Full insurance for cats and dogs can cost up to 100 euros per month. With a life expectancy of around ten years, pet owners can expect total costs of between 1,000 and 12,000 euros.

Studies show that some insurance policies offer comprehensive benefits, while others focus on specific areas, such as surgeries. Consumer advocates therefore recommend carefully checking the tariffs and insurance conditions before making a decision. A careful comparison of policies can help find the optimal protection for your pet.

It is important to note that pet health insurance typically only covers medically necessary treatments. Certain procedures such as spaying or neutering may not be reimbursed. There is also often a deductible of around 20 percent and an annual cap on veterinary costs. Additionally, there is a three-month waiting period for illnesses, while accidents are usually covered immediately. Despite insurance, pet owners may be faced with the possibility of contract termination if treatment costs are extremely high.